Date of Download: Sep 14, 2001

USCA (United States Code Annotated)

26 USCA S 7203

Copr. West 2001 No Claim to Orig. U.S. Govt. Works

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26 U.S.C.A. 7203 I.R.C. 7203

UNITED STATES CODE ANNOTATED

TITLE 26. INTERNAL REVENUE CODE

SUBTITLE F--PROCEDURE AND ADMINISTRATION

CHAPTER 75--CRIMES, OTHER OFFENSES, AND FORFEITURES

SUBCHAPTER A--CRIMES

PART I--GENERAL PROVISIONS

Copr. West Group 2001. No claim to Orig. U.S. Govt. Works.

Current through P.L. 107-11, approved 5-28-01

7203. Willful failure to file return, supply information, or pay tax

Any person required under this title to pay any estimated tax or tax, or required by this title or by regulations made under authority thereof to make a return, keep any records, or supply any information, who willfully fails to pay such estimated tax or tax, make such return, keep such records, or supply such information, at the time or times required by law or regulations, shall, in addition to other penalties provided by law, be guilty of a misdemeanor and, upon conviction thereof, shall be fined not more than $25,000 ($100,000 in the case of a corporation), or imprisoned not more than 1 year, or both, together with the costs of prosecution. In the case of any person with respect to whom there is a failure to pay any estimated tax, this section shall not apply to such person with respect to such failure if there is no addition to tax under section 6654 or 6655 with respect to such failure. In the case of a willful violation of any provision of section 6050I, the first sentence of this section shall be applied by substituting "felony" for "misdemeanor" and "5 years" for "1 year".

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2001 Electronic Update

(Aug. 16, 1954, c. 736, 68A Stat. 851; June 28, 1968, Pub.L. 90-364, Title I, 103(e)(5), 82 Stat. 264; Sept. 3, 1982, Pub.L. 97-248, Title III, 327, 329(b), 96 Stat. 617, 618; July 18, 1984, Pub.L. 98-369, Div. A, Title IV, 412(b)(9), 98 Stat. 792; Nov. 18, 1988, Pub.L. 100-690, Title VII, 7601(a)(2)(B), 102 Stat. 4504; Nov. 29, 1990, Pub.L. 101-647, Title XXXIII, 3303(a), 104 Stat. 4918.)